Finance Committee

City of Jacksonville 117 W Duval St Jacksonville, FL 32202 Agenda - Revised Marked Tuesday, January 4, 2022 9:30 AM Council Chambers 1st Floor, City Hall Finance Committee Ron Salem, Pharm. D., Chair Danny Becton, Vice Chair Michael Boylan Matt Carlucci Terrance Freeman Reggie Gaffney Ju'Coby Pittman Legislative Assistant: Melodi Murray Legislative Services Manager: Bernadette Smith Council Auditor: Kim Taylor Asst. Council Auditor: Phillip Peterson Chief of Research: Jeff Clements Chief Office of General Counsel: Paige Johnston Administration: Rachel Zimmer Finance Committee Agenda - Revised Marked January 4, 2022 If a person decides to appeal any decision made by the Council with respect to any matter considered at such meeting, such person will need a record of the proceedings, and for such purposes, such person may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Meeting Convened: Meeting Adjourned: Council Auditor Kim Taylor to discuss: • Report #854: Independent Agency Quarterly Summary for the Twelve Months Ended September 30, 2021 Attendance: Item/File No. Title History 1. 2021-0838 ORD re the Establishment of a Dependent Special Dist TBK as the DEFER “Baymeadows Community Improvement District” (“BCID”); Incorporating the Recitals; Providing that the Dist Shall be a Dependent Spec Dist At request of Estab the Charter for the “Baymeadows Community Improvement CM Becton District” (“BCID”), in Accordance with Sec 189.02, FL Statutes; Estab the BCID’s Purpose, Powers, Functions & Duties; Estab the BCID’s Geographic Boundaries; Recognizing the Authority to Create Special Dists & Auth the Creation of the BCID Spec Dist as the as the Best Alternative; Estab a Governing Body, Identifying the Leadership & Election Process; Identifying Additional Requirements re Financial Disclosure Obligations, Audit Obligations, Notice & Reporting Obligations; Providing Available Financing Methods; Recognizing that the Creation of the BCID Spec Dist is Consistent with the Comp Plan (Johnston) (Introduced by CM Becton) 11/23/21 CO Introduced: NCSPHS, F, R 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/7/21 R Read 2nd & Rerefer 12/14/21 PH Read 2nd & Rereferred:NCSPHS,F, R Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Public Hearing Pursuant to F.S. Sec. 197.3632(3)(a)-1/11/22 Page 1 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 2. 2021-0839 ORD Apv the Final Costs of Underground Utility Installation Improvemts Contact: for the S. End River Rd – NW End River Oaks Rd Neighborhood Trisha Bowles Assessment Program, Auth & Funded by Ord 2020-486-E; Incorporating the Recitals; Specifying the Unit of Measurement; Adopting the Non-Ad Valorem Assessment Roll at Public Hearing, Pursuant to the Uniform Method of Collecting Non-Ad Valorem Special Assessments as Auth by Sec 197.3632, FL Statutes; Notice of Public Hearing Served to Affected Properties; Providing for Certification of the Assessment Roll & Directing the Council Sec to Cooperate with the Tax Collector & the Property Appraiser & JEA in the Certification of the Non-Ad Valorem Assessment Roll; Directing the Council Sec, JEA & the Tax Collector to Record the Final Assessments in the Improvemnt Lien Book; Providing for Payment of Final Assessments & Liens; Implementing the Assessments & Directing the Tax Collector to Provide Notice of Assessment (Bowles) (Introduced by CM Cumber) 11/23/21 CO Introduced: NCSPHS, TEU, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/6/21 TEU Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 PH Read 2nd & Rereferred:NCSPHS,TEU,F 1/3/22 NCSPHS Approve 5-0 1/3/22 TEU Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Public Hearing Pursuant to F.S. Sec. 197.3632(3)(a)-1/11/22 • The assessment can be paid in a lump sum payment of $7,252.52 or a 20-year annual assessment of $543.55 3. 2021-0843 ORD Approp $1,952,892.05 from the Foreclosure Registry (Including DEFER $706,332.00 in Revenue Collected from the Foreclosure Registry & a Reallocation of Previously Approp Funds in the Amt of $1,245,560.05) At request of the to Fund Various Programs & Activities Auth Pursuant to Chapt 179, Ord Administration Code, Purpose of Approp; Auth Positions (B.T. 22-026)(R.C. 22-027) (Staffopoulos)(Introduced by CM Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Page 2 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 4. 2021-0844 ORD Approp a $25,000.00 Grant from FL Animal Friend, Inc., with no Contact: Local Match, to Provide Spay & Neuter Services to Stray & Jennifer Walter Resident-Owned Free Roaming Cats & Kittens in the Community, Purpose of Approp; Apv, & Auth the Mayor, or his Designee, & the Corp Sec to Execute & Deliver, for & on behalf of the City, the Grant Award Agreemnt btwn the City & FL Animal Friend, Inc.; Providing Oversight by the Neighborhoods Dept, Animal Care & Protective Svcs Div (B.T. 22-023) (Staffopoulos) (Introduced by CM Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F 1/3/22 NCSPHS Approve 6-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 5. 2021-0845 ORD Approp $15,000.00 in Grant Funding from the FL Fish & Wildlife Contact: Conservation Commission (The “FWC”) for Reimbursement of the City Melissa Long of Jax’s Costs to Remove 1 Derelict Vessel Located in a Public Waterway in the City of Jax, Purpose of Approp; Providing for Oversight by the Neighborhoods Dept, Environmental Quality Div (B.T. 22-022) (Staffopoulos) (Introduced by CM Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, TEU, F, JWC 12/6/21 NCSPHS Read 2nd & Rerefer 12/6/21 TEU Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, TEU, F 1/3/22 NCSPHS Approve 6-0 1/3/22 TEU Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 6. 2021-0846 ORD Approp $376,846.00 in Grant Funding from the U.S. Dept of Contact: Justice, Bureau of Justice Assistance, Edward Byrne Memorial Justice Kendra Mervin Assistance Prog, to Fund Various Progs & Activities Aimed at Crime Control & Prevention, Improving the Criminal Justice System, & Improving Public Safety in Duval Co; Purpose of Approp; Providing for a Carryover of Funds into FY 2022-2023; Auth Positions; Providing for Oversight by the Finance & Admin Dept, Office of Grant & Contract Compliance (B.T. 22-016) (R.C. 22-005) (Staffopoulos) (Introduced by CP Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F 1/3/22 NCSPHS Approve 6-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Page 3 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 7. 2021-0847 ORD Approp $415,744.00 in Grant Funding from the U.S. Dept of Contact: Justice, Bureau of Justice Assistance, Edward Byrne Memorial Justice Kendra Mervin Assistance Prog, to Fund Various Progs & Activities Aimed at Crime Control & Prevention, Improving the Criminal Justice System, & Improving Public Safety in Duval Co; Purpose of Approp; Apving Positions & Part-Time Hrs; Providing for Oversight by the Finance & Admin Dept, Office of Grant & Contract Compliance(B.T. 22-015) (R.C. 22-006)(Staffopoulos)(Introduced by CP Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F 1/3/22 NCSPHS Approve 6-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 8. 2021-0848 ORD Apv & Auth the Mayor, or his Designee, & the Corp Sec to Contact: Execute & Deliver that Certain Lease btwn the U.S.A. (U.S. Navy) & the Daryl Joseph City of Jax (The “Lease”) for the City’s Lease of Certain Real Propty & Improvmts Located at 7000 Roosevelt Blvd, Jax, Fl 32244, Commonly Known As Tillie K. Fowler Regional Park, for the Continued Operation & Maintenance of a Regional Park for the Benefit of the Public, for a 25 Year Term Commencing on the Effective Date of the Lease Through 2046, at a Rental Rate of $100.00 Per Yr, with the Option to Pay a 1-time, Lump Sum Rental Amount of $2500.00 for the Entirety of the Lease Term; Providing for Oversight by the Dept of Parks, Rec & Community Svcs(Staffopoulos)(Introduced by CM Newby at Req of Mayor) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F 1/3/22 NCSPHS Approve 6-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Page 4 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 9. 2021-0849 ORD Approp $500,000.00 ($250,000 from Council President AMEND Contingency Expense Acct & $250,000 from Contingency Find Match) for Funding to Edward Waters University to Provide a Community Contact: Wellness & Fitness Center; Providing for Carryover of Funds to FY CP Newby 2022-2023; Apv & Auth the Mayor, or his Designee, & the Corp Sec to Execute & Deliver an Agreemt with Edward Waters University, Inc; Invoking the Exception of Sec 126.107 (G) (Exemptions), Pt 1 (General Regulations, Chapt 126 (Procurement Code), Ord Code, to Direct Contract Edward Waters University, Inc, for the Provision of Svcs Related to the Community Wellness & Fitness Center, as More Particularly Described Herein; Providing for Oversight by the Dept of Public Works (Sidman) (Introduced by CP Newby) (Co-Sponsors CM Carrico & Morgan) 11/23/21 CO Introduced: NCSPHS,F, R 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/7/21 R Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F, R 1/3/22 NCSPHS Amend/Approve 6-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 AMENDMENT 1. Correct scrivener’s errors 2. Include waiver of Sec. 118.107 to allow direct contract with EWU 3. Include waiver of Sec. 118.201(f)(7) to allow advance payments in excess of 10% 4. Include authorization to execute a joint use agreement and attach joint use agreement as a new exhibit 5. Attach funding agreement as new exhibit 6. Attached revised Exhibit 1 to correct account information on BT 7. Attach revised Exhibit 2 to correct scrivener’s error on project budget • The City funds will be used to pay for construction/renovation ($334,000), fitness equipment ($130,600), and overhead/profit ($35,400) • The joint use agreement will provide for public access a minimum of 20 hours per week Monday – Friday from 4:00 pm – 8:00 pm • The joint use agreement will be in effect until terminated by the City Page 5 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 10. 2021-0850 ORD Apv, & Auth the Mayor, or His Designee, & Corp Sec to Execute & DEFER Deliver the 1st Amendment to Interlocal Agreemt re Veterans’ Suicide Prevention by & Among the City of Jax, Duval Co (“City”), & the Counties of Baker, Clay Nassau, & St. Johns (“Interlocal Agreement”), to Remove the City as the Admin for the Fire Watch Council of NE FL; Providing for Contingency (Hodges) (Introduced by CM Diamond) 11/23/21 CO Introduced: NCSPHS, F 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 11. 2021-0851 ORD-MC re the Public Svc Grant Council; Amend Sec 80.104 DEFER (Organization & Proceedings), Chapt 80 (Public Svc Grant Council), Ord Code, to Amend the Quorum Requirements of the Public Service Grant At request of Council; Amend Sec 118.301 (Expenditure of Appropriated Funds), Pt 3 CM Carlucci (Admin of City Grants), Chapt 118 (City Grants), Ord Code, to Address Carryover of Residual Funds; Amend Sec 118.802 (Annual Lump Sum Appropriation for Public Svc Grants), 118.805 (Eligibility to Apply for Public Svc Grants), 118.806 (Application Requirements), Pt 8 (Public Svc Grants), Chapt 118 (City Grants), Ord Code, to Allow for Carryover of Funds Appropriated to the Public Svc Grant Council from FY to FY & to Require Requesting Agencies to Provide Additional Financial Documentation & Information re Program Impact & Effectiveness; Providing for Codification Instructions (Hodges) (Introduced by CM Carlucci) 11/23/21 CO Introduced: NCSPHS, F, R 12/6/21 NCSPHS Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/7/21 R Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:NCSPHS, F, R Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 Page 6 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 12. 2021-0855 ORD Declaring 9216 1st Ave, Jax, FL 32208 (R.E. #-036499-0000), TEU btwn Soutel Dr. & Belvedere St., to be surplus to needs of the City; AMEND Auth Convey of subject parcel to Christ the Living Cornerstone, Inc., a FL not for profit corp, at no cost; Auth Mayor & Corp Secretary to Contact: execute a quitclaim deed & other convey docs; Waiving Sec. 122.425 CM Ferraro & (dispo by auction or sealed bid), Pt 4 (Real Prop), Chpt 122 (Public CM Pittman Prop), Ord Code, to allow donation to Christ the Living Cornerstone, Inc.; Providing a right of reentry for failure to use subject parcel for the operation of a wellness clinic and/or Comm Outreach Ctr; Prov for City Oversight by the Dept of Public Works, Real Estate Div (Dist 8-Pittman) (Johnston)(Introduced by CMs Ferraro & Pittman) 11/23/21 CO Introduced: TEU, F, R 12/6/21 TEU Read 2nd & Rerefer 12/7/21 F Read 2nd & Rerefer 12/7/21 R Read 2nd & Rerefer 12/14/21 CO PH Read 2nd & Rereferred:TEU, F, R 1/3/22 TEU Amend/Approve 6-1 (CM Cumber) Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601-12/14/21 TEU AMENDMENT 1. Include a waiver of Code Sec. 122.423 allowing the property to be conveyed to Christ the Living Cornerstone, Inc. instead of being disposed of through the affordable housing disposition process 2. Strike waiver of Sec. 122.425 3. Include provision allowing a release of the use restrictions after 5 years subject to payment of $30,762 to the City CONCERN There are outstanding nuisance and demolition liens totaling $8,771.38 on three parcels owned by Christ the Living Cornerstone, Inc. Additionally, one parcel owned by Christ the Living Cornerstone, Inc. has an outstanding tax certificate for 2020 taxes totaling $827.69. Page 7 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 13. 2021-0883 ORD Approp Grant Funds in the Amt of $4,300.000 From the National 2nd Fish & Wildlife Foundation (“NFWF”) for the McCoy’s Creek Restoration Proj (The “Project”), Purpose of Approp; Amend the 2022-2026 5-Yr CIP Apvd by Ord 2021-505-E to Reflect NFWF Grant Funding for the Proj; Auth the Mayor, or his Designee, & the Corp Sec to Execute & Deliver, for & on Behalf of the City, the NFWF Grant Agreemt btwn the COJ & NFWF: Prov for City Oversight by the Public Works Dept, Engineering & Construction Mgmt Div (B.T. 22-018) (Staffopoulos) (Introduced by CM Newby by Req of Mayor) 12/14/21 CO Introduced: NCSPHS, TEU, F, JWC 1/3/22 NCSPHS Read 2nd & Rerefer 1/3/22 TEU Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 14. 2021-0884 ORD Transfer $1,300,000.00 From the Debt Mgmt Fund to the Bit 2nd Fishweir Creek – Ecosystem Proj (The “Project”) to Pay Increased Costs for Completion the Proj; Purpose of Approp; Amend the 2022-2026 5-Yr CIP Apvd by Ord 2021-505-E to Reflect this Transfer of Funds to the Proj; Prov for City Oversight by the Public Works Dept, Engineering & Construction Mgmt Div (B.T. 22-030) (Staffopoulos) (Introduced by CP Newby at Req of Mayor) 12/14/21 CO Introduced: NCSPHS,TEU, F,JWC 1/3/22 NCSPHS Read 2nd & Rerefer 1/3/22 TEU Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 15. 2021-0885 ORD Apv & Auth the Mayor, or His Designee, & the Corp Sec to Pursue 2nd or Seek Waiver of Collection of the Local Option Gas Tax Within the 2021-2022 Budget Yr Consistent with a Period of Time to Align with the State Suspension of the State Gas Tax Collection Should the State Allow for Waiver of the Prov of Sec 336.025 & 336.021, FL Statutes, so that Local Govts Have the Ability to Suspend Collection of Local Option Gas Taxes; Offering Findings & Statemnts of Fact; Directing Legislative Services Div to Forward to the FL Legislature, the Duval Legislative Delegation, & the FL Dept of Revenue (Johnston) (Introduced by CM Dennis) 12/14/21 CO Introduced: NCSPHS, TEU, F, R 1/3/22 NCSPHS Read 2nd & Rerefer 1/3/22 TEU Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 Page 8 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 16. 2021-0886 ORD Apv the Settlement of Potential Claims by & btwn the COJ & VRL 2nd Architects, Inc.,M.V. Cummings Engineers,Inc.,Trane U.S. Inc., D/B/A Trane Commercial Systems N FL as Set Forth in the 4th Judicial Circuit Court Case #16-2019-CA-003913 (The “Lawsuit”); Apv & Auth Exec of a Proposed Settlement & Release Agreemnt; Auth the Gen Counsel & His Designee (s) to take all Further Action to Resolve the Potential Claims (Mairs) (Introduced by CP Newby at Req of Mayor) 12/14/21 CO Introduced: F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 17. 2021-0887 ORD Transfer $18,833.39 from the Art in Public Places Proj Fund to the 2nd Winton Dr Park Art in Public Places Proj (The “Project”) to Pay Increased Construction Costs to Complete the Proj; Purpose of Approp; Amend the 2022-2026 5-Yr CIP Apvd by Ord 2021-505-E to Transfer Funding From the Art in Public Places Proj Fund to the Proj for Completion of a Public Art Installation at the Corner of Winton Dr & Howell Dr (B.T. 22-029) (Staffopoulos) (Introduced by CP Newby at Req of Mayor) 12/14/21 CO Introduced: NCSPHS, F 1/3/22 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 18. 2021-0889 RESO Making Certain Findings, & Apv & Auth the Exec of an Economic AMEND Dev Agreemt (“Agreement”) btwn the COJ (“City”) & Johnson & Johnson Vision Care, Inc (“Company”), to Support the Expansion of the Contact: Company’s Existing Manufacturing Facility Located at 7500 Centurion Kirk Wendland Pkwy Within the City (“Project”); Auth a 10-Yr Recapture Enhanced Value (REV) Grant of $7,000,000; Apv & Auth the Exec of Docs by the See Auditor Mayor, or his Designee, & Corp Secretary; Auth Apv of Technical summary on Amends by the Executive Dir of the Office of Economic Dev (“OED”); pg. 12 Prov for Oversight by the OED: Prov a Deadline for the Company to Execute the Ageemt; Affirming the Project’s Compliance with the Public Investment Policy Adopt by Ord 2016-382-E, As Amended; Req 2-Reading Passage Pursuant to Council Rule 3.305 (Sawyer) (Introduced by the CM Newby at Req of the Mayor) 12/14/21 CO Introduced: F, R AMENDMENT Place Revised Development Agreement on file to correct REV grant maximum of $7,000,000 Page 9 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 19. 2021-0890 ORD Approp a City Match of the Total Remaining Funds (Currently 2nd $267,798.00) from the AES Cedar Bay Settlement Stipulation Acct Fund to Contribute Toward the Acquisition Cost of Approx (345± Acres) on Black Hammock Island by the Trust for Public Land who, after Acquisition, will Convey the Land to the State of FL & the National Park Serv for Conservation Purposes (The “Project”); Apv & Auth the Mayor or His Designee, & the Corp Sec, to Execute & Deliver a Grant Agreemt with the Trust for Public Land to Set Forth Payment by the City; Providing for a Reverter of Funds if the Acquisition for Conservation Purposes of All, or a Portion of, the Propty is not Completed by 12/31/2024; Providing for the Parks, Rec & Community Serv Dept to Oversee the Proj (Grandin) (Introduced by CM Ferraro) 12/14/21 CO Introduced: NCSPHS, F 1/3/22 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 20. 2021-0891 ORD-MC re FL Inland Navigation Dist (FIND) Grants; Amend Sec 2nd 117.110 (Florida Inland Navigation District (Find) (Grants), Chapt 117 (Grants), Ord Code, to Require that the Mayor Notify Council of Excess Funds in the FIND Match Acct after FIND Apvl of Annual Projs & to Require that the Council President File Legislation to Transfer the Excess Match Funding to a Special Council Contingency Acct for Waterways Improvements, Maintenance & Repair for the Current FY (Johnston) (Introduced by CM Ferraro) 12/14/21 CO Introduced: NCSPHS, F, JWC 1/3/22 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 1/11/22 21. 2021-0893 RESO Adopt the City Council’s 1, 3, & 5 Yr Strategic Plan; Setting the 2nd City Council’s Top Budget Priorities for the 2022-2023 FY; Encouraging the Mayor to Incorporate the Council Priorities into the 2022-2023 Budget. (Sidman) (Introduced by Finance Committee) (Co-Sponsor CM Morgan) 12/14/21 CO Introduced: F, R Page 10 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 22. 2021-0898 RESO Encouraging the State to Allow Local Govs to Waive the 2nd Provision of Sec 336.025 & 336.021 FL Statutes, to Allow Local Govs the Ability to Suspend Collection of Local Option Gas Taxes if the State Suspends the State Gas Tax for a Period of that time is Consistent with The State’s Suspension; Offering Findings & Statements of Fact; Addn’l Apv & Auth Required to Execute Docs Related to the Waiver of State Statutes to Suspend Collection of the LOGT and Transfer of Funds to Prevent Funding Lapse; Directing Legislative Services Div to Forward to the FL Legislature, the Duval Legislative Delegation & the FL Dept of Revenue (Johnston) (Introduced by CM Dennis) 12/14/21 CO Introduced: NCSPHS, TEU, F, R 1/3/22 NCSPHS Read 2nd & Rerefer 1/3/22 TEU Read 2nd & Rerefer Page 11 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 Council Auditor’s Office 2021-889 One or Two Read Resolution - Two Date provided to Council Auditor – 12/8/21 Company Name – Johnson & Johnson Vision Care, Inc Project Location – 7500 Centurion Parkway Incentives Provided – $7,000,000 REV grant at 50% over 10 years Jobs to be Created – • 100 new jobs created by December 31, 2024 • Average salary of $65,000, plus benefits Performance Schedule – • Commencement of real estate improvements and purchase of tangible personal property (machinery and equipment) no later than June 30, 2022 • Completion of real estate improvements and purchase and installation of tangible personal property (machinery and equipment) no later than December 31, 2024 Number of Jobs to be Retained – 2,072 Capital Investment – $200,000,000 Records Retention/Audit Clause – Yes Clawback Language – • In the event reporting requirements are not met in the time period specified in the agreement, the City will be entitled to withhold disbursements of the REV grant • If by December 31, 2024, the Company fails to create the number of new jobs with an average salary of $65,000 listed below, the REV grant will be reduced by the corresponding amount: - Fails to create 100 New Jobs – reduced proportionately - Fails to create 80 New Jobs– REV grant is terminated and any amounts paid to the Developer will be repaid to the City • If by December 31, 2024, the Company fails to invest the amounts listed below, the REV grant will be reduced by the corresponding amount: - Fails to invest at least $180,000,000 – reduced proportionately - Fails to invest at least $140,000,000 – REV grant is terminated and any amounts paid to the Developer will be repaid to the City ROI based on 10-year return estimates – 2.07 Page 12 of 13 Finance Committee Agenda - Revised Marked January 4, 2022 NOTE: The next regular meeting will be held January 19, 2022. *****Note: Items may be added at the discretion of the Chair.***** Pursuant to the American with Disabilities Act, accommodations for persons with disabilities are available upon request. Please allow 1-2 business days notification to process; last minute requests will be accepted; but may not be possible to fulfill. Please contact Disabled Services Division at: V 904-255-5466, TTY-904-255-5476, or email your request to KaraT@coj.net. Page 13 of 13